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Sector Update: Tech
Sector Update: Tech
May 26, 2025
01:40 PM EDT, 05/07/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) easing 0.2%. The Philadelphia Semiconductor index rose 0.2%. In corporate news, CrowdStrike ( CRWD ) plans to cut its global workforce by 500 positions, or 5%, the company said Wednesday...
Exchange-Traded Funds Rise, US Equities Mixed After Midday
Exchange-Traded Funds Rise, US Equities Mixed After Midday
May 26, 2025
01:15 PM EDT, 05/07/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 0.2%. US equity indexes and government bond yields traded mixed in midday trading Wednesday ahead of the Federal Reserve's policy decision and potentially upcoming trade talks with China. Energy IShares US Energy ETF (IYE)...
TSX up 152 Points at Midday With Utilities, Technology, Higher
TSX up 152 Points at Midday With Utilities, Technology, Higher
May 26, 2025
12:09 PM EDT, 05/07/2025 (MT Newswires) -- The Toronto Stock Exchange is up 152 points at midday with utilities and technologies leading gains. Limiting upside are declines in miners (-1.6%) and energy (-0.8%). Oil traded higher for a second day early on Wednesday, rebounding from the four-year low that was touched Monday as China and the United States agreed to...
Update: Barrick Gold Q1 Adjusted Profit Surges on Higher Gold Prices
Update: Barrick Gold Q1 Adjusted Profit Surges on Higher Gold Prices
May 26, 2025
11:43 AM EDT, 05/07/2025 (MT Newswires) -- (Adds comment and updates shares.) Barrick Gold ( GOLD ) on Wednesday reported a jump in its first-quarter adjusted earnings amid higher realized gold prices. Adjusted earnings, excluding most one-time items, rose to US$603 million, or US$0.35 per share, in the period, up from US$333 million, or US$0.19, in the year-prior quarter. The...
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--Novo Nordisk Appeals Ruling on CMS' Drug Price Negotiation Program
--Novo Nordisk Appeals Ruling on CMS' Drug Price Negotiation Program
Aug 15, 2024
10:30 AM EDT, 08/15/2024 (MT Newswires) -- Price: 136.28, Change: +1.86, Percent Change: +1.39 ...
Afya Shares Rise After Q2 Adjusted Earnings, Net Revenue Gain
Afya Shares Rise After Q2 Adjusted Earnings, Net Revenue Gain
Aug 15, 2024
10:30 AM EDT, 08/15/2024 (MT Newswires) -- Afya ( AFYA ) shares rose 8.1% in recent trading Thursday after the company reported Q2 adjusted earnings of 2.29 Brazilian reais ($0.42) per share, up from 1.42 reais a year earlier. Two analysts polled by Capital IQ expected 1.95 reais. Net revenue in the quarter ended June 30 rose to 809.9 million...
Tapestry Expects Annual Earnings Growth in Fiscal 2025 as Fourth-Quarter Results Top Views
Tapestry Expects Annual Earnings Growth in Fiscal 2025 as Fourth-Quarter Results Top Views
Aug 15, 2024
10:35 AM EDT, 08/15/2024 (MT Newswires) -- Tapestry (TPR) reported better-than-expected fiscal fourth-quarter results on Thursday, while the luxury fashion company anticipates 2025 earnings to be higher than the prior full year. The operator of luxury brands Coach, Kate Spade and Stuart Weitzman posted adjusted earnings of $0.92 per share for the quarter ended June 29, down from $0.95 the...
SpartanNash Q2 Revenues Dip 3.5% On Reduced Volumes In National Accounts
SpartanNash Q2 Revenues Dip 3.5% On Reduced Volumes In National Accounts
Aug 15, 2024
SpartanNash Company ( SPTN ) reported second-quarter adjusted earnings per share of 59 cents, beating the street view of 56 cents. Quarterly revenues of $2.23 billion missed the analyst consensus of $2.27 billion. Net sales dropped 3.5%, primarily due to lower volumes in both the Wholesale and Retail segments. The Wholesale segment saw a 4.8% decline to $1.55 billion, largely...
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Beyond the Gallery: How Blockchain is Rewriting the Rules of Art Ownership (Interview with Aleksandra Art, Trilitech)
Beyond the Gallery: How Blockchain is Rewriting the Rules of Art Ownership (Interview with Aleksandra Art, Trilitech)
Aug 6, 2025
The landscape of digital art has transformed tremendously through blockchain technology, and has created new pathways for artists and collectors. In this interview, Aleksandra Art, the head of Art at Trilitech, offers exciting insights into how NFTs address authentication challenges in digital art, while also directing relationships between artists and audience. Here perspective offers a fresh look into how blockchain...
Crypto User Loses $3.05 Million in Sophisticated Phishing Attack
Crypto User Loses $3.05 Million in Sophisticated Phishing Attack
Aug 6, 2025
A single deceptive transaction cost one cryptocurrency user a staggering $3.05 million in USDT tokens today. Blockchain security firms Lookonchain, PeckShield, and Scam Sniffer reported the incident, tracing the theft to a phishing attack where the victim unknowingly signed a malicious transfer, draining their wallet of Aave-wrapped USDT (aEthUSDT). Anatomy of a Multi-Million Dollar Theft According to on-chain data analyzed...
1,000,000,000 DOGE in 24 Hours: What Are Dogecoin Whales Preparing for?
1,000,000,000 DOGE in 24 Hours: What Are Dogecoin Whales Preparing for?
Aug 6, 2025
TL;DR Large investors scooped up more than $200 million worth of DOGE in a single day. While some analysts predict a price pump to $0.50 for the meme coin, others warn of a bearish scenario in the short term. The Whales Go Wild After its impressive performance towards the end of July, Dogecoins price headed south lately and currently trades at...
Binance Futures Volume Soars to Yearly Highs: What Does it Mean for BTC’s Price?
Binance Futures Volume Soars to Yearly Highs: What Does it Mean for BTC’s Price?
Aug 6, 2025
Binance, the current leader in centralized exchange trading volume, has cemented a leading position in the derivatives market as well. While these numbers are strong, other benchmarks suggest that user activity may be dwindling. Significant Dominance Data analytics firm CryptoQuant shared a report from a community analyst, @JA_Maartun, showcasing how the largest centralized exchange (CEX) is currently well ahead in...
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